2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 386.01

+1.6%

Nov 12 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ilaine who wrote (30445)	3/6/2008 1:32:50 AM
From: Lazarus_Long	Read Replies (1) of 217734

Most borrowers only understand one number, what's the monthly payment? Give me a break. You're going to tell me the vast majority of people who took ARMs or interest-only or negative amortization loans didn't KNOW that's what they were getting? Really? Would YOU sign a contract without reading and understanding it? Really? IF you DO and are then held to the terms of the contract, is that unfair? Now I don't trust most numbers I see involving this matter; I think no one really knows about most matters here. The lenders are as secretive as possible. But I have read that 60% -70% of the people getting those loans were speculators; often flippers. The next time I have a loss on a stock trade, are the taxpayers going to reimburse me? It's the Greenspan Put that GOT us here, Ilaine. More use and wider application of it is just teaching more people that risky ventures are safe because the gov't will bail them out if things go badly.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next